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ArcelorMittal (MT)

(Delayed Data from NYSE)

$25.15 USD

+0.04 (0.16%)

Updated Apr 18, 2024 04:00 PM ET

After-Market: $25.14 -0.01 (-0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank	Definition	Annualized Return
1	Strong Buy	24.15%
2	Buy	18.00%
3	Hold	9.44%
4	Sell	5.10%
5	Strong Sell	2.53%
S&P	500	11.08%

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3-Hold of 5 3

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score	A
Growth Score	A
Momentum Score	A
VGM Score	A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth C Momentum A VGM

Industry Rank:

Bottom 29% (179 out of 251)

Industry: Steel - Producers

View All Zacks #1 Ranked Stocks

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Zacks News

ArcelorMittal (MT) Inks Agreement to Acquire Stake in Vallourec

by Zacks Equity Research Published on March 13,2024

ArcelorMittal (MT) to acquire a 28.4% stake in Vallourec. This will enhance downstream presence with a focus on Vallourec's expertise and low-carbon production centers.

basic-materials

ArcelorMittal (MT) and Petrobras Forge Low-Carbon Partnership

by Zacks Equity Research Published on March 04,2024

ArcelorMittal (MT) and Petrobras join forces to explore low-carbon solutions in Brazil, including a carbon capture hub.

basic-materials

ArcelorMittal's (MT) Q4 Earnings Beat Estimates, Sales Miss

by Zacks Equity Research Published on February 09,2024

ArcelorMittal's (MT) Q4 earnings beat expectations, while revenues fall short of the estimate due to a fall in average steel selling prices.

Compared to Estimates, ArcelorMittal (MT) Q4 Earnings: A Look at Key Metrics

by Zacks Equity Research Published on February 08,2024

While the top- and bottom-line numbers for ArcelorMittal (MT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

MTPositive Net Change

ArcelorMittal (MT) & Nippon Steel Lead Decarbonization in India

by Zacks Equity Research Published on February 07,2024

ArcelorMittal Nippon Steel India (AM/NS India) is accelerating India's decarbonization with renewable energy adoption, circular economy initiatives and innovative technology investments.

basic-materials

Seeking Clues to ArcelorMittal (MT) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

by Zacks Equity Research Published on February 05,2024

Evaluate the expected performance of ArcelorMittal (MT) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

MTPositive Net Change

ArcelorMittal (MT) and Vestas Team Up for Low-Carbon Steel

by Zacks Equity Research Published on January 17,2024

ArcelorMittal (MT) and Vestas launch low carbon-emissions steel for wind turbines, with Baltic Power leading the sustainable initiative.

basic-materials

ArcelorMittal (MT) to Restart Bosnia Plant After Two-Month Halt

by Zacks Equity Research Published on January 11,2024

ArcelorMittal (MT) plans to restart its Bosnia plant after a November shutdown due to declining steel demand in Europe, influenced by the Ukraine war and rising costs.

basic-materials

ArcelorMittal (MT) Rejects Italy Government's Stake Plan in ADI

by Zacks Equity Research Published on January 09,2024

ArcelorMittal (MT) rejects the Italian government's proposal to acquire a controlling stake in ADI, a major steel plant, citing reluctance to commit financially, sparking concerns over the future of the financially troubled ex-Ilva plant in Taranto.

basic-materials

ArcelorMittal (MT) Partners IIT Madras for Hyperloop Facility

by Zacks Equity Research Published on January 04,2024

The Ministry of Railways of India is an important partner in this Hyperloop technology development initiative of ArcelorMittal (MT) with IIT Madras.

basic-materials

ArcelorMittal's (MT) Torero Plant Powers Up With Bio-Coal

by Zacks Equity Research Published on December 21,2023

ArcelorMittal's (MT) Torero plant in Belgium converts waste wood into bio-coal, reducing annual carbon emissions by 112,500 tons.

basic-materials

ArcelorMittal (MT) Surges 5.8%: Is This an Indication of Further Gains?

by Zacks Equity Research Published on December 19,2023

ArcelorMittal (MT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

ArcelorMittal (MT) Completes Sale of Temirtau Operations to QIC

by Zacks Equity Research Published on December 11,2023

ArcelorMittal (MT) concludes the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to Qazaqstan Investment Corporation for $286 million.

basic-materials

ArcelorMittal (MT) Decarbonizes With New Electric Arc Furnace

by Zacks Equity Research Published on November 30,2023

ArcelorMittal (MT) partners with Sarralle to construct Spain's first decarbonized electric arc furnace in Gijon.

basic-materials

ArcelorMittal (MT) Achieves Milestone with Ethanol Production

by Zacks Equity Research Published on November 21,2023

ArcelorMittal (MT) achieves Europe's first industrial-scale ethanol production from carbon-captured steel emissions at its Steelanol plant,

basic-materials

ArcelorMittal (MT) & Schneider Team Up on Low-Carbon Steel

by Zacks Equity Research Published on November 17,2023

ArcelorMittal (MT) and Schneider Electric partner to reduce carbon emissions in electrical cabinets and enclosures using XCarb recycled and renewably produced steel.